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AMD

MSFT

NVDA

TSM

AMD's CEO Lisa Su has highlighted the company's focus on AI, comparing its impact to major technological shifts like the internet and mobile phones. She also discussed the prospects of PC gaming, console gaming, and cloud gaming. Su confirmed the possibility of making AMD chips available to Azure customers and acknowledged that chip supply and demand are in a good place. Reports suggest that supply chain dynamics are impacting TSMC, which may have to raise the price of its AI chips, affecting AMD and Nvidia.

Portfolio Pulse from Anusuya Lahiri

September 27, 2023 | 1:37 pm

SNPS

TSM

Synopsys, Inc. (NASDAQ:SNPS) is extending its collaboration with TSMC (NYSE:TSM) to advance multi-die system designs with a comprehensive solution supporting the latest 3Dblox 2.0 standard and TSMC's 3DFabric™ technologies. The Synopsys Multi-Die System solution includes 3DIC Compiler, a unified exploration-to-signoff platform that delivers the highest levels of design efficiency for capacity and performance. Synopsys has achieved first-pass silicon success of its Universal Chiplet Interconnect Express (UCIe) IP on TSMC's leading N3E process for seamless die-to-die connectivity.

Portfolio Pulse from Benzinga Newsdesk

September 27, 2023 | 1:27 pm

GM

NUE

TT

Nucor Corporation (NUE) plans to collaborate with Helion Energy to establish a 500-megawatt fusion power plant at one of its U.S. steel mills by 2030. Nucor is investing $35 million in Helion, which is backed by OpenAI Chief Executive Sam Altman. The deal is a bet on fusion, a technology that hasn't yet produced electricity. Nucor is accelerating its green energy initiatives due to increasing demands for green steel from clients like General Motors Company (GM) and Trane Technologies Plc (TT).

Portfolio Pulse from Shivani Kumaresan

September 27, 2023 | 1:20 pm

CXDO

Crexendo, Inc. (NASDAQ:CXDO) has announced the launch of its new Generative AI technology features powered by ChatGPT in the Company's Contact Center solution. The technology will enable real-time conversations that can respond to complex requests, comments and questions. The capabilities are now available through the digital engagement channels of the Company's CX CCaaS solution. The introduction of Crexendo's VIP CX is intended to assist businesses with their existing support staff and customers, aiding in user engagement and managing inbound service requests.

Portfolio Pulse from Benzinga Newsdesk

September 27, 2023 | 1:10 pm

CGEN

Compugen Ltd. (NASDAQ:CGEN), a clinical-stage cancer immunotherapy company, announced it will present new clinical and pre-clinical data at the 38th Annual Meeting of the Society for Immunotherapy of Cancer (SITC) in November 2023. The presentations will support Compugen's vision to extend the reach of cancer immunotherapies to new patient populations.

Portfolio Pulse from Benzinga Newsdesk

September 27, 2023 | 1:09 pm

CRBP

Corbus Pharmaceuticals will present the latest pre-clinical data on its anti-aVb8 monoclonal antibody (CRB-601) at the 2023 STIC Annual Meeting.

Portfolio Pulse from Benzinga Newsdesk

September 27, 2023 | 1:09 pm

AFMD

Affimed has announced that an abstract comparing NK cells redirected by innate cell engagers and CAR-NK cells has been accepted for a poster presentation at the 38th Annual Meeting of the Society for Immunotherapy of Cancer.

Portfolio Pulse from Benzinga Newsdesk

September 27, 2023 | 1:07 pm

NET

NVDA

Cloudflare, Inc. (NYSE:NET) announced that it will deploy NVIDIA GPUs and Ethernet switches on its global network to provide affordable and secure AI inference for businesses. The company will also feature NVIDIA's full stack inference software to accelerate AI applications. This will allow organizations to run AI workloads at scale and pay for compute power as needed. Cloudflare aims to make AI inference accessible and affordable globally, with NVIDIA GPUs available for inference tasks in over 100 cities by the end of 2023, and nearly everywhere Cloudflare's network extends by the end of 2024.

Portfolio Pulse from Benzinga Newsdesk

September 27, 2023 | 1:06 pm

LCID

Lucid Group has opened its first international manufacturing facility in Saudi Arabia, with the capacity to assemble 5,000 vehicles per year initially. The facility is expected to eventually produce 155,000 electric vehicles per year. This move is creating new employment opportunities and supporting the growth of the Kingdom's automotive supply chain.

Portfolio Pulse from Benzinga Newsdesk

September 27, 2023 | 1:06 pm

AAPL

An Apple store in Philadelphia was looted, with thieves taking away iPhones and other Apple products. Apple tracks these devices and remotely disables them, making it impossible for buyers of looted/stolen iPhones and other Apple devices to use them. Thieves may try to sell these devices at a deep discount to unsuspecting users.

Portfolio Pulse from Rounak Jain

September 27, 2023 | 1:05 pm